Eugene Fama Zitate auf Englisch

Zitat des Tages von Eugene Fama:

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

I'm an extreme libertarian, but I realize we're in a democracy, and in a democracy, people can have views of all stripes, and there's no reason to argue about it.

Eugene Fama

In an efficient market, at any point in time, the actual price of a security will be a good estimate of its intrinsic value.

Eugene Fama

I don't believe anyone wants to hear what I have to say.

Eugene Fama

I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.

Eugene Fama

After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means that going forward, and despite extraordinary past returns, even the top performers are expected to be only as good as a low-cost passive index fund. The other 97% can be expected to do worse.

Eugene Fama

Economies typically do not function well in hyperinflation. The real value of government debt might disappear, but the economy is likely to disappear with it.

Eugene Fama

An investor doesn't have a prayer of picking a manager that can deliver true alpha.

Eugene Fama

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

Eugene Fama